Growth Metrics

Southwest Airlines (LUV) Retained Earnings (2016 - 2025)

Southwest Airlines (LUV) has disclosed Retained Earnings for 17 consecutive years, with $16.4 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Retained Earnings changed 0.34% year-over-year to $16.4 billion, compared with a TTM value of $16.4 billion through Dec 2025, changed 0.34%, and an annual FY2025 reading of $16.4 billion, changed 0.34% over the prior year.
  • Retained Earnings was $16.4 billion for Q4 2025 at Southwest Airlines, up from -$6.0 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $16.7 billion in Q3 2023 and bottomed at -$24.0 million in Q1 2025.
  • Average Retained Earnings over 5 years is $11.1 billion, with a median of $15.8 billion recorded in 2021.
  • The sharpest move saw Retained Earnings soared 15122.86% in 2021, then crashed 100.15% in 2025.
  • Year by year, Retained Earnings stood at $15.8 billion in 2021, then tumbled by 97.82% to $344.0 million in 2022, then skyrocketed by 4742.15% to $16.7 billion in 2023, then fell by 1.95% to $16.3 billion in 2024, then grew by 0.34% to $16.4 billion in 2025.
  • Business Quant data shows Retained Earnings for LUV at $16.4 billion in Q4 2025, -$6.0 million in Q3 2025, and $16.2 billion in Q2 2025.